Call reports 2017
MORGANTON SAVINGS BANK, S.S.B. — 2017
What MORGANTON SAVINGS BANK, S.S.B. reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 79,392,000 | 79,528,000 | 80,261,000 | 79,462,000 |
| Total loans | 41,056,000 | 43,360,000 | 44,172,000 | 45,858,000 |
| Allowance for loan losses | 875,000 | 935,000 | 970,000 | 970,000 |
| Securities available for sale | 13,672,000 | 13,296,000 | 13,316,000 | 13,000,000 |
| Securities held to maturity | 201,000 | 201,000 | 201,000 | 200,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,077,000 | 53,094,000 | 53,634,000 | 53,435,000 |
| Interest-bearing deposits | 47,917,000 | 47,548,000 | 48,682,000 | 48,407,000 |
| Noninterest-bearing deposits | 5,160,000 | 5,546,000 | 4,952,000 | 5,028,000 |
| Equity capital | 24,115,000 | 24,195,000 | 24,297,000 | 23,476,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 630,000 | 1,457,000 | 2,313,000 | 3,008,000 |
| Interest expense | 46,000 | 92,000 | 144,000 | 195,000 |
| Net interest income | 584,000 | 1,365,000 | 2,169,000 | 2,813,000 |
| Noninterest income | 48,000 | 108,000 | 171,000 | 221,000 |
| Noninterest expense | 599,000 | 1,252,000 | 1,853,000 | 2,480,000 |
| Provision for loan losses | 50,000 | 122,000 | 137,000 | 137,000 |
| Pretax income | -17,000 | 90,000 | 341,000 | 408,000 |
| Income tax | -13,000 | 18,000 | 102,000 | 730,000 |
| Net income | -4,000 | 72,000 | 239,000 | -322,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,298,000 | 24,432,000 | 24,693,000 | 24,273,000 |
| Total capital | 25,167,000 | 25,282,000 | 25,520,000 | 25,103,000 |
| Risk-weighted assets | 62,772,000 | 65,145,000 | 65,987,000 | 66,293,000 |